BITCOIN - FAKE BREAKOUTHello Traders ! The Bitcoin price failed to break the resistance level (63412 - 65050). Currently, The price broke the Higher low (62340.00 - 62653.00). So, I expect a bearish move📉 _____________ TARGET: 58260.00🎯Shortby Hsan_BenhmedPublished 5516
BITCOIN BULLISH TO $77,000 (UPDATE)As you all saw yesterday, BTC tapped into our entry zone & activated our buy limit. Price should slowly rise from this supply zone. Not expecting any fast movement, but instead price to accumulate here, while buyers open their orders.Longby BA_InvestmentsPublished 118
IMPORTANT Macroeconomics: What is the trade balance?IMPORTANT Macroeconomics: What is the trade balance? The trade balance is an important economic indicator that can have a significant influence on the stock markets. Here is a simple explanation of this concept and its potential impact: What is the trade balance? The trade balance represents the difference between the value of a country's exports and imports over a given period. In other words: - If a country exports more than it imports, its trade balance is in surplus (positive). - If a country imports more than it exports, its trade balance is in deficit (negative). Impact on the stock markets The influence of the trade balance on the stock markets can vary depending on whether it is in surplus or deficit: Trade balance surplus A trade surplus can generally have a positive impact on the stock markets: - It indicates strong competitiveness of domestic companies in international markets. - It can strengthen the value of the national currency, which can attract foreign investors. -Exporting companies may see their shares increase in value. Trade deficit A trade deficit can have a negative impact on stock markets: -It can indicate a weakness in the domestic economy or a loss of competitiveness. -It can weaken the domestic currency, which can discourage foreign investors. -The shares of companies dependent on imports may be negatively affected. Important nuances It is crucial to note that the impact of the trade balance on stock markets is not always direct or predictable: -Overall economic context: Other economic factors can attenuate or amplify the effect of the trade balance. -Investor perception: The reaction of the markets often depends on how investors interpret the trade balance figures in relation to their expectations. -Specific sectors: Some sectors may be more affected than others by changes in the trade balance. In conclusion, although the trade balance is an important indicator, its influence on stock markets must be seen in the broader context of the economy and investor sentiment.Educationby Le-Loup-de-ZurichPublished 1
btc long de la bongjust hitting a long on the corn today not much risk much funLongby hokblakePublished 0
BTC/USD: Testing Support LevelsFollowing a strong September rally that lifted the price from the lower boundary of the bull flag, Bitcoin is currently experiencing a retracement, with the price hovering around key support levels. If this support holds, it may set the stage for a potentially bullish October. Investors with a bullish outlook may consider entering the market at current levels, although it is essential to acknowledge the uncertainty surrounding the price movement. The outcome is not guaranteed, and the price may either bounce back or break through the support level. Further updates will be provided as the situation develops.by MCFractalStudiesPublished 1
BTC USD IdeaWe need to recognize that we're currently at a range high premium. Bullish entries from these elevated levels typically have a lower probability of success compared to entries from discount lows. Therefore, we need to be cautious and strategic in this price environment. For me, the 57477.00 low is the last bullish low I'm willing to consider. If the price fails to hold above this level, I won't attempt to go long, as the risk would be too high. Instead, I'll focus on absorbing the price action and taking small profits through scalping. I'll avoid large trades as of now, we will keep U postedLongby themarketknightPublished 0
Successful Trading Resembles a CardiogramI once came across a statement that went something like this: “Success is much more like a cardiogram than we realise. There are ups, downs, and periods of stability”. This made me wonder: "Why are the ups, downs, and phases of stability considered normal, rather than constant stability?" The answer was revealing: “If there are ups, downs, and phases of stability, it means you're alive and progressing. If everything is perfectly stable, it means you're stuck and not moving forward”. The process of successful trading within the financial markets closely resembles a cardiogram. From a custom-created graph illustration, each spike could represent an individual trade or even a monthly net total. Through big and small wins, small losses, and inevitable breakeven points, we achieve and maintain consistent long-term profitability. As a trader, this balance is essential. Unfortunately, distortions introduced by firms promising ‘get-rich-quick’ schemes and making unrealistic claims have led many to fall for the illusion of constant winning. In reality, prioritising a sound risk-reward strategy is far more important than focusing solely on win rates. In fact, with a feasible risk management plan, patience, discipline, and a rational approach to the market, one could be wrong half the time and still achieve long-term success. So, the next time you experience a losing streak or face psychological uncertainty, remember that setbacks are part of the journey. Over time, with the right mindset and strategy, everything will fall into place. After all, trading success is a dynamic process - much like the rhythm of a cardiogram.Educationby InvestroyPublished 3
My new BTC projectionMy new BTC projection I believe the bull run will be very gradual and extend until the end of 2025. My target is above 300k. The trap is to assume that the trend will be less intense compared to the last bull run. Many people will think that BTC has reached an incredible price at 100k, 150k, 200k, or 300k, and will sell too early, only to buy back at a higher price. The market will start to go wild with retail investors, meme coins, and, when everyone believes BTC will reach 1 million, it will crash very hard this time probably to 50k.Longby frankykane60782c3464754d8dPublished 2
BTC CorrectsThe market has a way of humbling you, keeping you on your toes. I’ve spoken at length about "Uptober" and past bullish trends as the month began. However, instead of following that pattern, we saw a bullish end to September followed by a downturn to kick off October. Admittedly, this was largely due to temporary risk aversion sparked by the Israel/Iran escalation, but that shouldn’t matter in the bigger picture. In fact, geopolitical conflict could be positive for Bitcoin if it evolves into the safe-haven asset we hope it becomes. Similarly, September started with poor, downward price action but ended as the best-performing September on record. I’m not concerned about October, but it’s crucial to stay cautious, especially when everyone seems to expect the same outcome. Additionally, I’ve gained a new perspective on the chart, shared directly by trading legend Peter Brandt. I was wrong, and I’m not sure why I didn’t see it sooner. While $65,000 was a higher high for Bitcoin in the short term, to make a true higher high, we need a break above the July peak of $70,000. Since Bitcoin didn’t make a lower low after reaching $65,000, the real previous higher high remains $70,000. I’ve updated the chart accordingly. That said, this move was simply a backtest of the 50 MA for now, not a big deal. We are also way oversold on lower time frames, so bullish divergence is now very much in play on any future dip. Here is the idea on the 4-hour to illustrate.by ScottMelkerPublished 118
This week btc will continue bearsih movementThis week is probably going to continue bearish. Price isnt showing any strenght and important levels are lower as you can see in my chart. But bullish on BTC for this month. But if you want to trade btc this week i would prefer looking for shorts.Shortby HerovvvPublished 0
September 30 Bitcoin Bybit chart analysisHello It's a Bitcoinguide. If you have a "follower" You can receive comment notifications on real-time travel routes and major sections. If my analysis is helpful, Please would like one booster button at the bottom. Here is the Bitcoin 30-minute chart. There is a Nasdaq indicator announcement at 2:55 AM. Nasdaq is likely to move sideways, and Bitcoin and Tether dominance are the problem. The key to today's strategy is the decline of Tether dominance in line with the Nasdaq's rebound section. Tether dominance is in an upward trend. I created today's strategy according to the sweep or gradual decline of Tether dominance. *Red finger movement path Long position strategy 1. $63,279 long position entry section / cut loss price when the green support line is broken 2. $65,265.5 long position 1st target -> Gap, Good, Great Final target price up to the red vertical line on the right The rising wave in the middle is a long position profit-taking and re-entry, I think it would be good to use it in real time. We even operated the possibility of a Gap section reversal at the top. The beat is currently in a vertical decline. As of the current point in time when the 5-minute trend change has occurred, The purple finger section 1 indicated at the top is a minimum upward wave. It would be good if short->long progressed to the bottom, and if it comes down right away from the current position, the final section 2 is the long position entry price. If you look at it the other way around, 63.2K will gradually decline based on the Tether dominance, and the section 2 will be swept away, right? If it falls right away from the current position without a minimum wave, it will be connected to a vertical decline, so you should be careful. (Bollinger Band 5-minute resistance line touch section) The green support line is a meaningful section, so it is best not to deviate from the long position position. Since it is almost the same as the initial long position entry price, we proceeded with a stop loss price with plenty of room. The Bottom section at the very bottom is the major support line that everyone knows 6+12 section. If you drag up and down, I've drawn the major support and resistance lines up and down and you can check the major prices, so I think it would be good to use it in real time. More than anything, the movement of Nasdaq is important. Up to this point, I ask that you simply use my analysis for reference and use I will see you tomorrow, Tuesday, after the holiday, on Wednesday. Thank you for reading today. Longby BitCoinGuideUpdated 6
Bitcoin Market Outlook Elliot Wave Theory (W40/2024) // AlgoFyre🔶 Short-Term Outlook (Next Few Weeks to Months) - Bullish Scenario 🟢 In the bullish case, Bitcoin is currently in the third wave of an Elliot Wave structure, which typically signals a strong upward movement. Over the next few weeks, this wave could drive Bitcoin’s price to targets between $120k and $140k, based on Fibonacci extensions. 🟢 For this scenario to play out, Bitcoin needs to break through key resistance levels and trendlines. If it does, we could see a significant and rapid rally toward the projected price targets. 🟢 In this scenario, even if Bitcoin encounters minor pullbacks or consolidations, the overall momentum would remain upward. Any brief corrections would likely be seen as opportunities for further upward moves, with Bitcoin maintaining its bullish structure. 🔶 Short-Term Outlook (Next Few Weeks to Months) - Bearish Scenario 🔴 In the bearish scenario, Bitcoin could fail to break the critical resistance levels and trendlines. If Bitcoin shows weakness or rejects off these key areas, we may see a period of consolidation or a pullback instead of a rally. 🔴 In this case, Bitcoin could begin to test lower support levels, which might result in a short-term correction. If the support holds, Bitcoin could continue to range-bound between key levels, but if it breaks down, the price could head lower before finding new support. 🔴 A short-term correction could see Bitcoin retest previous lows or critical support areas. While this wouldn’t necessarily lead to a long-term bearish trend, it would delay the upward movement for the coming weeks. 🔶 Key Takeaway In the bullish scenario, Bitcoin could rally to $120k to $140k over the next few weeks to months if it breaks key resistance levels. In the bearish scenario, failure to break resistance could lead to a consolidation or short-term pullback as the price tests lower support levels before making any significant upward moves. The next few weeks will be crucial in determining whether Bitcoin follows through on its bullish momentum or takes a step back.by AlgoFyrePublished 2
Btcusd potential buy zoneLooking at this area for potential buys, previous string rejection. Stops below previous strong low wick, target FVG for TP. Good RR for this set up, higher risk so using 50% lower lots size and layer in if trade progresses.Longby PassivePipsPublished 113
Bitcoin - Looking To Sell Pullbacks In The Short TermH1 - Bearish trend pattern Currently it looks like a pullback is happening. Until the two strong resistance zones hold I expect the price to move lower further after pullbacks.Shortby VladimirRibakovPublished 2
10/1 Bull trap is confirmed. Monthly level $64k didn't hold.Overview: The AMEX:SPY started the day with a large red candle, erasing all of Jerome Powell's optimism from his speech yesterday. Early in the session, before the Federal Reserve even released its report, the market was already sliding, triggered by more-than-expected job openings. Within the first 60 minutes of trading, all of last week's gains vanished. Adding to the downturn, trading volume surged, surpassing yesterday’s levels, signaling increased selling pressure. As is typical, the Nasdaq NASDAQ:QQQ experienced more significant swings, hitting its lowest point of the day, which coincided with the highest point from last Wednesday’s rate cut announcement. This underscores the volatility in the tech sector. All eyes are now on Friday's unemployment rate report, where the market expects a figure of 4.2%. Should the report show lower unemployment driven by improving labor conditions, it may compel the Federal Reserve to keep interest rates high. Such a move could further dampen the growth of risky assets like stocks and cryptocurrencies. Tuesday marked the first day of negative ETF flows for Bitcoin. Major players like Fidelity, Bitwise, and ARK Invest dumped approximately $250 million worth of BINANCE:BTCUSDT . Meanwhile, BlackRock continued its seven-day buying spree, leaving many to wonder: Do they know something retail investors don't? Or perhaps they aren't as "smart money" as often assumed? Only time will tell if loading up at the 60k level was a wise move. Despite initial hopes, Bitcoin has not yet proven itself as a safe haven asset like gold or Swiss francs. In times of heightened geopolitical tension, such as the recent events in the Middle East, risky assets like Bitcoin and altcoins tend to suffer the most. BTC TA: W: In just two trading days, Bitcoin’s weekly candle turned red, dropping the price below the $64 k level, which coincided with both monthly and weekly resistance. Up until Monday, there was still hope for a potential fifth bull wave if BTC could recover the $64 k level after the initial drop. However, continued selling pressure wiped out any bullish momentum. D: Monday's bearish prediction proved correct, with Bitcoin dropping by 3.98% on Tuesday. This sell-off is significant but not unprecedented, as larger price movements occurred in early August with losses of 5.70% on August 2nd and 7% on August 5th. Are we seeing a repeat of early August? September's first week wasn't particularly bullish either, with prices briefly touching 56.9k. Unfortunately, the current MACD setup looks eerily similar to the lead-up to the August 5th crash. Currently, BTC is hovering around the 61.5k level, which was drawn weeks ago as a key support. 4h: The RSI is now oversold, but the MACD has not yet shown any bullish divergence. There is potential for a short-term recovery to the 63.5k - $64 k level, but sentiment remains cautious. Short-term bullish. 1h: On the 1-hour chart, the RSI has started to rise, moving toward the 50 level, indicating a neutral stance. No clear divergences have formed. Altcoins Relative to BTC: Earlier in the week, altcoins were outperforming Bitcoin, negating any concerns of a bull trap. However, they have since retraced to their respective moving averages without front-running this recent BTC crash. Altcoins are moving in sync with Bitcoin, showing no major divergence. Bull Case: BlackRock could be proven right, continuing to buy at the 60k level. Should Bitcoin dip to the $58-60k range, they may accumulate even more, reversing the bearish sentiment and forcing retail traders to halt their selling. Bear Case: The fifth bullish wave has officially failed, confirming a massive bull trap. If BlackRock's strategy fails, retail investors may see a significant wipeout. Fear and Greed Index: The Fear and Greed Index dropped to 39, officially entering "Fear" territory. Historically, entering the fear zone has led to steep declines: 07/04: The market dropped 6% the next day. 08/04: A 15% drop occurred the following day. 09/03: A 9.25% decline within three days. Prediction: The bull run appears to be invalidated. After three weeks of growth, BTC is now likely to correct down to at least the 61.4k - 59.1k range by the end of this week.Shortby EvgenCapitalPublished 1
"Bitcoin to $100K by 2024? Here’s Why $270K by 2030 Isn’t Far OfBitcoin is dancing around the $61K mark with intense volatility, but here’s where it gets exciting. I predict BTC will skyrocket to $100K by the end of 2024, riding the wave of bullish momentum from the upcoming halving event. Looking even further ahead? With institutional adoption ramping up, we could be staring at a jaw-dropping $270,593 per Bitcoin by 2030. This could be the start of something huge—what do you think? Let’s spark the conversation!by IPatricePublished 2
BTC\USD - 2025 ATHV prodolzhenie prognoza po obnovleniyu ATH v 2024 godu Kak vidno, vopreki vsem hejteram bitkoina shortivshim ego osen'yu 2023, a takzhe rasskazyvayushchih skazki o tom, chto posle 48000 ego obnulyat, eto ego poslednij cikl - bitkoin udivil dazhe menya))) Delo v tom, chto on obognal moj prognoz na polgoda, chto dlya menya bylo absolyutnoj neozhidannost'yu) Celi dostignuty i my mozhem prodolzhat' dal'she) Kasaemo ATH2025 Ot ATH2021 Primerno 1430 dnej dlya pikovogo znacheniya v 2025 godu Tri diapazona ceny: 1 - (oranzhevyj, negativnyj) - 90-120k 2 - (zheltyj, nejtral'nyj) - 120-140k 3 - (zelenyj, pozitivnyj) - 140-150k Dopuskayu chto bitkoin vnov' mozhet vsekh nas udivit' (a eto on umeet = burnyj rost osen'yu 2023 vopreki ozhidaniyam + rost k ATH vesnoj 2024 ran`she prognoza) i pokazat' znachenie vyshe 150-200k. Odnako veroyatnost' takogo sobytiya ya ocenivayu takzhe, kak i prognoz nizhe 90k (v dannom sluchae ya oshibus' i moj prognoz vovse ne srabotaet). Sam zhe ya sklonyayus' k diapazonu 120-140k. Takzhe dopuskayu veroyatnost' otkloneniya po vremeni +\- 1 mesyacLongby you_djinnPublished 222
BTCUSD UPDATE - "Risk Off " Sentiment !20 SMA - BLUE 200 SMA - PINK Key Confluence Areas: Grey Lines How I see it: Monitor the SMA "CROSS" closely. Possible short continuation if sentiment remains. Check your calendars, big labor data week! Thank you for your time reading, boosting and/ or following my analysis. I deeply appreciate it.Shortby ANROCPublished 0
Correction It is expected that the downward trend will move according to the specified path and after the completion of the downward pattern, a change in the trend will be formed and we will see the beginning of the upward trend. If the price crosses the 100% level, the downward trend is likely to continueShortby STPFOREXPublished 0
Making another educated guess on BitcoinWe see from the weekly chart that the triple top formation (bearish in nature) is playing out now that the price point has broke down from 64,723 level. I have indicated 3 profit taking levels and think the risk to reward ratio is pretty good given the high points that we are shorting now. Please DYODDShortby dchua1969Published 2
BTC/USD Long Setup – Key Demand Zone in Play Bitcoin has tapped into a major demand zone between $61,000 - $59,200, a key area of interest for potential bullish continuation. This zone aligns with the 0.618 Fibonacci retracement, which often acts as a powerful reversal level in trending markets. Here’s why I’m leaning long: Long Bias Insights: Tapped Demand Zone: BTC has entered the $61,000 - $59200 zone, which has historically provided strong support. This area has confluence with significant Fibonacci levels, making it a prime spot for a bullish reaction. Market Structure Shift: Despite recent bearish momentum, a break above $62,000 could indicate a shift back to bullish momentum. This would invalidate the bearish break of structure (BOS) and suggest a potential move higher. Fair Value Gaps (FVG): There are visible FVG areas above, which could act as magnets for price as BTC seeks to rebalance these gaps. If BTC holds the current zone, these gaps offer strong upside potential. Trade Setup: Entry: Consider long positions between $61,500 - $6000 (inside the demand zone). Targets: First Target (TP1): $63000 - $63500 Second Target (TP2): $64,500 - $66,500 (filling the FVG and hitting prior resistance levels). Stop Loss : Place a stop below $6000to protect against a break of the demand zone and invalidation of the long setup. Longby origami_capital33Published 2
BTCUSD 1. Current Price: Bitcoin is trading at **$61,729**, up by 1.52%. 2. Support Zone: The lower orange highlighted area, around the **$60,000 to $61,000** range, indicates a **support level** where Bitcoin recently found buyers and bounced back. This is likely a strong zone of demand. 3. Resistance Zones: - The middle orange zone, around **$63,000**, shows the first potential **resistance area**. - The upper orange zone, around **$66,000**, marks a second resistance level, where Bitcoin previously struggled to maintain upward momentum. 4. Price Action Projection: - There’s a yellow line showing a potential bullish move. It suggests that the price could bounce from the current support zone and attempt to break through the middle resistance area around **$63,000**. - After this, the projection anticipates a move toward the **$66,000** resistance level. Longby wealthsmith23Published 2
Will Bitcoin Continue Its Rise?When the BTCUSD 8-hour chart is examined; It is observed that the price movements continue above the support zone. As long as the crypto's 57803 level is not broken down, it is evaluated that the price movements above the 59171 level can exceed the 63223 level and target the 66250 level.Longby profitakePublished 2